earnings
confidence high
sentiment negative
materiality 0.70
Titan Machinery Q1 net loss $13.2M; raises Europe guidance, lowers Australia
Titan Machinery Inc.
2026-Q1 EPS
reported -$0.58
vs consensus -$1.02
▲ beat
(+43.1%)
- Q1 revenue $594.3M (down 5.5% YoY); net loss $0.58/sh vs $0.41 EPS prior year.
- Agriculture segment revenue down 14.1% same-store; pre-tax loss $12.8M vs prior year profit.
- Europe segment revenue up ~48% (ex-FX) on EU stimulus; guidance raised to +23-28% from flat+5%.
- Australia segment guidance lowered to down 20-25% from down 15-20%.
- Adjusted diluted loss per share guidance reiterated at ($1.25)-($2.00); inventory flat at $1.1B.